What's the sentiment? I really don't know
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Itβs the βIβm broke, Saylor has all the coins, BlackRock are running the Reset and AI is replacing meβ kind of sentiment
The sentiment is the following:
- mempool is empty, miners won't be able to secure the network in the long run
- lightning does not really work nor scale, so custodial solutions are emerging against the ethos of Bitcoin
- quantum could hit at any time, disrupting everything, and nobody is ready
- institutional capture is under way (Saylor, ETFs), turning Bitcoin into a fiat asset basically that poses a threat to nobody
- knots/core drama, Luke is going to fork Bitcoin
- Bitcoin is not private and somehow this was discovered recently, or became very much a problem only recently. Coinjoin won't help you because tainted coins are, well, tainted, hence no fungibility
- stablecoins are basically CBDCs and for whatever reason people thought that the trump admin was going to usher in a new era for Bitcoin
Anything else I might have forgotten?
Think you covered it all
Oh well. Just enjoy the sun and have an Aperol.
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